The French business climate remains stable in June 2011Business climate indicator and turning point indicator - June 2011

According to the business leaders of the main economic sectors, the French business climate remains stable in June 2011. The indicator stays at 108, and still remains notably above its long term average (100). This stabilization hides differences among economic sectors : while business climate is improving in industry, it is slightly declining in retail trade. It remains stable in services, however the corresponding turing point indicator stays to the neutral area, indicating an economic uncertainty. In building sector, business leaders’ answers suggest a stabilization of the activity for several months.

Informations rapides
No 154
Paru le : 22/06/2011
Prochaine parution le : 23/11/2017 at 08:45 - November 2017

According to the business leaders of the main economic sectors, the French business climate remains stable in June 2011. The indicator stays at 108, and still remains notably above its long term average (100). This stabilization hides differences among economic sectors : while business climate is improving in industry, it is slightly declining in retail trade. It remains stable in services, however the corresponding turing point indicator stays to the neutral area, indicating an economic uncertainty. In building sector, business leaders’ answers suggest a stabilization of the activity for several months.

At the same time, the turning point indicator slip back slightly, but clearly remains in the favourable zone for more than one year and a half.

Tab_EN – Business climate and turning point indicators

Business climate and turning point indicators
Feb. 11 Mar. 11 Apr. 11 May 11 June 11
Business climates
France 107 108 109 108 108
Industry 106 110 109 106 109
Wholesale trade - 109 - 106 -
Building 99 100 102 102 102
Retail trade 105 104 105 105 104
Services 105 106 109 107 107
Turning point indicators
France 1,0 1,0 1,0 0,9 0,8
Industry 0,5 0,6 0,0 –0,4 0,5
Wholesale trade - 1,0 - 0,6 -
Building 0,6 0,6 0,8 0,7 0,7
Services 1,0 1,0 1,0 1,0 0,2
  • Source(s) : INSEE, Business tendency surveys

Documentation

Methodology (pdf, 125 Ko)